Bob,
LE's are here to stay, I have no doubt about that. Yes, some people do quit collecting them for various reasons. As they do though more people come into the Hobby & enjoy collecting them. The difference from what I can tell is that some of the people who are quiting are those who were around when LE's first came out. They thought they could collect them all & now see that is impossible. The newer collectors for the most part are not trying to collect everything. They collect what they like.

You said.......

"Many people frown upon LE's"

I would change the "Many" to some. There are a LOT of LE collectors who really enjoy them.

You also said.......

"Many collectors choose to only collect house chips or illegals"

I would also change the "Many" to some. Andy - Las Vegas